Many who were misled by conman calvin and dishonest raider have left this counter. Just ask strongcows for his reasons.


Penelope is lost on how to advise conman calvin on Netx. :-)


There are just too many cons in every market. They present in many varied ways. Just be aware.

>>>>
CharlesT Calvin ran away oredi ah
24/09/2020 10:38 AM

>>>>>>>



haha

conman calvin promoted this counter will be 8 sen (or 25 x 8 sen = $2.00 today).

Charles T laughed at this conman Calvin that this was possible through share consolidation. chun chun !!


conman sold 8 houses to invest in Netx. Now he is left with 2 houses to moan, whine and groan, with dishonest raider.

Karma indeed, do you disagree? :-)

>>>>>>

Good123 agreed with Calvin. never give up
06/10/2020 8:06 AM

>>>>>>>>

strongcows a strong initial follower of conman calvin and dishonest raider seems smarter than Good123. My observation. Strongcows walked away giving his reasoning and the price of Netx has behaved as strongcows predicted. (clap)

After consolidation 25:1 and RI, NetX's price has dropped from 25 sen to 14 sen. This was not what conman calvin and dishonest raider predicted. Why were these duo so wrong?


(Ah yes, the conman and the dishonest are LONG TERM INVESTORS. They bought Netx and promoted Netx for the LONG TERM.) :-)

>>>>>>>>


calvintaneng Hahaha

One fine day Netx will rise up like Focus dynamic , Xox, AT and all others when the time is ripe
05/10/2020 2:38 PM


>>>>>>>{{{


conman calvin still in delusion. Sold 10 houses to buy Netx. :-)

>>>>>>

Good123 the week is the most important week for control of netx. let see the great fight
05/10/2020 7:41 AM


>>>>>>>>



If you are in this game and do not know who are the patsies, you are probably one of them. :-)

Anatomy of stock market scams
TheStar Sat, Oct 03, 2020 09:40am



For now, the music appears to have stopped on Bursa Malaysia. Daily trading volume has come down to less than five billion shares compared to the average of 10 billion transacted in the months of July, August and September.

TWO months ago, this column wrote about how retailers were hooked to the stock market and that many would get their fingers burnt when the party ended.

For now, the music appears to have stopped on Bursa Malaysia. Daily trading volume has come down to less than five billion shares compared to the average of 10 billion transacted in the months of July, August and September.

In the first week of August, trading volume went as high as 27 billion, with retailers being the bulk of buyers.

The buying frenzy was on the back of Bursa being a beneficiary of the Covid-19 pandemic due to it having the largest listed producers of nitrile gloves in the world.

Those who bought into glove stocks would have probably cashed out with a hefty profit. A good many who went into other healthcare-related stocks are probably licking their wounds, hoping to recoup their money or at least minimise their losses if there is a rebound.

The buying frenzy extended beyond glove stocks into almost anything that had to do with Covid-19. Initially the play was on companies venturing into production of Covid-19 related products such as masks, personal protective equipment (PPE) and hand sanitisers.

The margins on these products are thin and there are no barriers to entries, meaning the profits are small. But the play on the stock price was huge.

Then came the vaccine theme and the latest is the air travel theme with companies offering a complete solution for those wanting to travel in and outside the country. In the midst of the several themes related to the pandemic, share prices of unknown names went through the roof and came down with a heavy thud.

For investors, there are several lessons to be learnt from the Covid-19 rally.

Firstly, the old truth about buying on rumours and selling on news remains very relevant. If a particular stock price is running on speculation accompanied by heavy trading volume, there probably is not much upside left. It’s a signal that the speculation is well known and many are chasing the stock.

The price will almost certainly come down and can retrace up to 50% when the news comes out. These days, the exchange does not wait for the company to make an announcement. It sends the company a query and, from the replies, one will be able to ascertain if there is truth to the speculation.

Secondly, one should be careful trading stocks whose ownership is through a myriad of cross holdings. A cross holding is when two or more listed companies own significant blocks of shares in another listed company. A myriad of cross holding usually leads to problems.

When one of the companies gets into trouble, the other companies also come under heavy selling pressure.

For instance, Ooi Cheing Sim, the substantial shareholder of ATTA Global Bhd and Heng Huat Resources Bhd, was arrested by police for investigations into drug-related activities in February this year. Ooi was a substantial shareholder in several other companies that he owned directly or through other listed companies. All the stocks came under selling pressure.

There are several groupings of companies on Bursa Malaysia with cross holdings and common shareholders. These companies also tend to have have common directors.

Fintec Global, for instance, owns several listed companies directly and indirectly through listed and unlisted entities. Some directors in Fintec Global also sit on board of other companies such as XOX Bhd, PDZ Holdings Bhd and Anzo Holdings Bhd.

A common pattern is the myriad or cross holdings that link one company to another.

There is a reason why some individuals control listed companies through cross holding structures. It reduces the holding cost. For instance, when Fintec Global buys a stake in another listed company, it forks out the money. But the major shareholders of Fintec Global control the new listed company indirectly.

Thirdly, one must look out for companies raising money through share placements, especially if the proceeds are to be used as working capital or to repay loans. The smaller the amount raised through a placement, the higher the scrutiny it warrants.

It is normal for companies to issue new shares to raise money to fund an acquisition.

The better managed companies have their substantial shareholders taking up some of the new shares as a show of commitment.

However, if the bulk goes towards working capital, there is no end to the company issuing more shares in future. Also nobody really knows what the working capital is used for.

Sometimes, it can also be used to buy shares in other companies or support the share price.

Also, if the bulk is used to repay loans, there is also a possibility of the company taking

>>>>>>

Posted by topkek > Oct 4, 2020 11:49 AM | Report Abuse

If subscribe need to fork out extra fund lo .. no guarantee price will sustain and go up. after consolidate also drop 1¢ .. topkek cornstock. If don't subscribe, share price gets diluted because of RI. Either one, u loose. Should have dump it before consolidation.

>>>>>>>{


Yes, these were mentioned before.


Asymmetric risk to reward.


Not subscribing to RI, your shareholdings get diluted.

Subscribing to RI, you placed an even bigger sum of your cash at big risk. Why risk something you already own for something you probably do not need to have? (Buffett).


Strongcows is the smart one who left this game of conman calvin and dishonest raider. So much for their whatsapp group and Netx pledge not to sell; those who followed these duo are now swimming naked with these two promoters,the conman and the dishonest, and facing potential big losses.

Beware


Mother share price maybe pushed up to sell the rights.

Soon after, the mother share price will drop below the price you paid to subscribe for the rights.

Then you are trapped with higher losses, having more money at risk.


The Edge has a very good investigative article on the 22 penny stocks owned and "probably manipulated" some some group of "investors" of doubtful integrity (past history of wrong doings). Netx is among this group. Thanks to so many detailed analysis in this thread, conman calvin and dishonest raider (are they working in concert with others?) and followers are having a tough time. Rightly so.

All the posts by dishonest raider and conman calvin are not credible. Both are swimming naked. Nothing to gloat.

https://klse.i3investor.com/servlets/pfs/131750.jsp


Poor calvin

Instead of listening to and trading on short-term market noise, investors are better off ignoring it and focusing on the long-term, mustering the discipline to stay true to their plans, to reach their long-term goals.

>>>>>>>

stockraider U must remember most of the list are goreng overvalue penny stocks...where the penny stock price are far above the goreng owner cost, except netx which the owner lost 40% on its cost compare to the existing share price mah..!

Thus netx remain the most attractive stock in the goreng portfolio loh..!

>>>>>>>>


In desperation, dishonest raider declares thse are ALL his goreng pisang stocks. Let us await the declaration from raider's sifu (conman calvin) confirming what raider just posted.

:-)

Enjoy your lunch.

>>>>>

OngKawKaw JIA SAI LOL. FALLING LIKE HELL LOL. MENTOR DISAPPEAR LOL. 21 COMPANIES UNDER ONE ROOF LOL. PLAYING LEFT TO RIGHT HAND LAGI LOL. BODOH KEEP PROMOTING LOL
02/10/2020 11:29 AM


>>>>>>>

It is also telling that nine of the 21 companies mentioned —
AT Systemization Bhd,
MLabs Systems Bhd,
Focus Dynamics Group Bhd,
mTouche Technology Bhd,
Fintec Global Bhd,
XOX Bhd,
M3Technologies (Asia) Bhd and
NetX Holdings Bhd

— have their principal place of business, head office, business office or corporate office in Menara Lien Hoe, near Tropicana Golf Country Resort in Petaling Jaya.


http://myinvestingnotes.blogspot.com/2020/10/hidden-hands-behind-penny-stock-surge.html?m=1

>>>>>

Time is the friend of the investors who are in quality great businesses. Those who own glove companies instead of Netx in end of 2019 and beginning of 2020 are all laughing all the way to their banks.

>>>>>>


Over a lifetime of investing (long term), I have many multi-baggers in my portfolio. Even Padini and DLady are too.

How to share with a fish what it is like breathing out of water? :-)

The problem with this company are its lousy business and its poor management.

Everytime it initiated a project, the project sucked more capital. The initial capital was never enough. In the end, the project failed with contracting revenues and expanding losses.

Pity the whiners, groaners and moaners who were led into this stock by conman calvin and dishonest raider. Almost all of them bought high in end of 2019 and January 2020.

Time is the friend of the investors who are in quality great businesses. Those who own glove companies instead of Netx in end of 2019 and beginning of 2020 are all laughing all the way to their banks.

There are only 3 things you need to know about NetX:

1. NFCP is not going to benefit NetX.

2. Its recent quarterly results showed vanishing revenues and big losses.

3. Its business since 2009 has been destroying a lot of shareholders' value.




Thus, it has to raise new capitals frequently.

The problem with this company are its lousy business and its poor management.

Everytime it initiated a project, the project sucked more capital. The initial capital was never enough. In the end, the project failed with contracting revenues and expanding losses.

Pity the whiners, groaners and moaners who were led into this stock by conman calvin and dishonest raider. Almost all of them bought high in end of 2019 and January 2020.

Time is the friend of the investors who are in quality great businesses. Those who own glove companies instead of Netx in end of 2019 and beginning of 2020 are all laughing all the way to their banks.

Rights issues - an approach to guide you and your hard earned cash.

When not to buy?

If the company is raising cash to pay off debts or to stay solvent (bad companies turn around rarely and if at all, very slowly).

If the company is raising cash to develop NEW projects and NEW businesses (high uncertainties and high risks).


In general AVOID ALL COMPANIES INVOLVED IN RIGHT ISSUES.



When to buy?

Of course, there are occasional RARE exceptions.

This is when a great company needs to raise cash to grow its EXISTING SUCCESSFUL business.

However, such great companies can easily generate funds internally or borrow with ease and soon pay down their debts too; thus such rights issues are uncommon.




Regards
3iii

>>>>>>>


Posted by simple091 > Oct 1, 2020 10:29 AM | Report Abuse

Dont be so naive.The management of Netx totally has no intend to develop this company, the only purpose of this company listed is to con ppl money by manipulating the share price. This type of company very common in developed country.

>>>>>>>{




The major shareholders make most of their money from salaries, director fees and from trading their company shares. Almost all their companies have no profits

>>>>>>

CharlesT another question is on top of yr current hefty paper loss, do u want to put in fresh capital of 13 cents x 3= 39 cents..

this stock got nothing except Calvin n Stockraider who caused u to loss like hell now...
01/10/2020 10:19 AM


>>>>>





https://www.theedgemarkets.com/article/special-report-hidden-hands-behind-penny-stock-surge?type=malaysia


In this game of the big boys or syndicates, who are the patsies? :-)

Share Trade Detail
Share Trade Value (RM) 1,024,668
Share VWAP (RM) 0.153
4 Weeks Price Range 0.136 - 0.375

>>>>>>>

stockraider See if u have confidence & bought netx cheap yesterday...u would have make monies today mah...!!

Do not listen to barking dogs like 3iii, mike & shoot, they are up to no good mah...it is opportunity now for next loh...!!


Just go thru the rights & apply for excess rights too...!!

U will never regret u do that loh...!
01/10/2020 9:14 AM


>>>>>>>>



Swimming naked!!!!!

>>>>>

Posted by michaelwong > Sep 30, 2020 10:16 PM | Report Abuse
https://www.theedgemarkets.com/article/special-report-hidden-hands-behind-penny-stock-surge?type=malaysia

>>>>>>>


Fine piece of investigative financial journalism by The Edge.


https://myinvestingnotes.blogspot.com/2020/10/hidden-hands-behind-penny-stock-surge.html

XOX, Fintec, MLab and Netx.

All falling off the cliffs.

chun chun conman calvin!

>>>>>>>

Posted by stockraider > Sep 30, 2020 5:45 PM | Report Abuse

Just go thru the rights & apply for excess rights too...!!

U will never regret u do that loh...!

>>>{>>>




swimming naked again!

Stay away from easily manipulated counters.

Poor raider, calvin, whiners, moaners and groaners are all losers today in Netx.

Be brave. Strongcows speaks the truth.

The prices of Fintec, MLab and Netx continue to drop for very good reasons.


Only conman calvin and dishonest raider spin their lies.


The truth always prevail.

Share Trade Detail
Share Trade Value (RM) 486,990
Share VWAP (RM) 0.200
4 Weeks Price Range 0.200 - 0.500

Fintec and MLab These companies are related to Net/x. Poor investors in all these 3 companies suffering hugely. Fintec and MLab prices ran up and are now falling off the cliffs. When prices are not supported by fundamentals, these prices will not be sustained.

Unlucky for those in NetX too. Many trapped at 50 sen, 62.5 sen and 75 sen today's prices (or 2 sen, 2.5 sen and 3 sen, before consolidation) at end of 2019 and January 2020 due to conman calvin's and his sidekick, dishonest raider's promotions.

Whiners, groaners and moaners have toned down their voices for obvious reasons.

>>>>>

Posted by MickeyLimitUp > Sep 29, 2020 1:02 AM | Report Abuse

Rumours rumours... heard they are into vaccine business as well... rumours ya

>>>>


Unlikely.


Presently overvalued.

>>>>>>>


Posted by calvintaneng > Sep 28, 2020 6:25 PM | Report Abuse

Stupid 3iii totally missed the Ogse bull run

Also missed Glove bull run especially Supermax

Now Nfcp still ongoing

Netx shall rebound

>>>>>>>>





Selective highlighting his gains.

Who sold 10 houses end of 2019?

Which counter (hint: N...) he invested into?

Ah yes, conman will be selling more houses to take up the RI.


Incredible indeed. :-)

>>>>>>>

Posted by calvintaneng > Sep 28, 2020 5:09 PM | Report Abuse

See the two most incorrigible spammers called 3iii and Mikecyc

Never warn people in utusan, london biscuit which gone bankrupt

Netx still an inspiring work in progress

Calvin happy to take up Netx Rights issue

As for Netx it is still a new start up like Alibaba and Facebook in early days needing funding

Now see how Calvin warned people in mmag, Bintai, myscm, parlo, inix, anzo, pdz which none of them these two low life lapsap 3iii or Mikecyc dare go warn

>>>>>>



conman calvin is not credible. Conman shared stories of his friends who lost their fortunes in the 90s. Did conman calvin save his friends? Obviouly no. Today, conman calvin shared their stories depicting his friends as fools. In other words, among them, conman calvin was smarter.


Spare us the delusion, please.

https://klse.i3investor.com/servlets/pfs/123029.jsp

>>>>>>


calvintaneng I say before and I say again

Last time Calvin promoted Kbunai at 5.5 sen
Then Kbunai fell to 5 sen and many cry father cry mother
Then Kbunai was taken private for 100% gain

So wait

Netx still an inspiring work in progress

Even Facebook and alibaba needed lots of funding in early days

Netx will yet spring a surprise in the future
26/09/2020 3:09 PM



>>>>>>>{




It is stories like the above that make conman calvin same as dishonest raider. Not credible.

Intrinsic value <<< 12.5 sen

.....


Why free trading tips are dangerous?

In your real life, do you get any quality products/service at free of cost? Nowadays, you need to pay even for pure drinking water!

1. Why someone will provide money making ideas (stock tips) at free of cost?

Their motive is to bring back their existing customer.
None of them are doing charity.
None of them have the motive of making you rich.



2. You will get dozens of free trading tips each day.
Your broker is also eager to provide trading tips at free of cost.
Moreover, dozens of websites offer bunch of new trading ideas everyday totally free of cost.
Including Facebook and Whatsapp groups, the list of free trading tips provider would be very long.



3. Let’s have a detailed look on their motive –


Motive #1 – Many operators provide free trading tips after offering the same to their paid clients.

Thus, stock price gets manipulated which in turn helps only their paid clients. Suppose I have two websites; freetips.com and paidtips.com. One is for providing tips to paid clients and another for free clients. However clients don’t know that both the websites are operated by the same person (or same group of people). So, what I am doing is, I am offering tips to my paid clients first. After their purchase, I am distributing the same to free subscribers.

While, free subscribers start buying the same stock, the price starts moving in upward direction. Exactly at the same time, I am recommending “Profit Booking/Exit” call to paid clients. Thus, free subscribers get stuck at the top. So, my paid subscribers are getting good return at the cost of free clients. My motive is to collect more subscription fees from paid clients! This way one can easily manipulate the price of lesser known stocks (specially, midcap and small cap stocks).


Motive #2 – Operators often offer free tips just to have a smooth exit at hefty profit.

The company is in microcap category and I didn’t hear the name before than that. Trading volume was much higher on both the days and stock price appreciated a lot. The pattern suggested that the operator had sent the same SMS to thousands of retail investors and many of them purchased the stock. The most surprising fact is that on those days three operators sold quantities worth of the same stock. So, operators were selling a particular stock and simultaneously sending SMS to thousands of retail investors to buy for “sure-shot” target of doubling the money!

In the next 10 days the stock was hitting lower circuit continuously and stock price reached to below a fraction of the previous price. There were no buyers for the same and as a result it got stuck in lower circuit. Thousands of retail investors got stuck lost around 90% or more and expressed their anger.

Nobody is there to save them. With the advent of mobile phone and internet such practice is quiet common. Be careful from the next time if you receive such SMS!



4. Why paid trading tips are sometimes more dangerous?

You can lose your investment amount from free trading tips but what about paid tips. Surprisingly paid tips can make you suffer more because in this you not only lose your invested amount but also your subscription amount.



Regards

3iii

Why free trading tips are dangerous?

In your real life, do you get any quality products/service at free of cost? Nowadays, you need to pay even for pure drinking water!

1. Why someone will provide money making ideas (stock tips) at free of cost?

Their motive is to bring back their existing customer.
None of them are doing charity.
None of them have the motive of making you rich.



2. You will get dozens of free trading tips each day.
Your broker is also eager to provide trading tips at free of cost.
Moreover, dozens of websites offer bunch of new trading ideas everyday totally free of cost.
Including Facebook and Whatsapp groups, the list of free trading tips provider would be very long.



3. Let’s have a detailed look on their motive –


Motive #1 – Many operators provide free trading tips after offering the same to their paid clients.

Thus, stock price gets manipulated which in turn helps only their paid clients. Suppose I have two websites; freetips.com and paidtips.com. One is for providing tips to paid clients and another for free clients. However clients don’t know that both the websites are operated by the same person (or same group of people). So, what I am doing is, I am offering tips to my paid clients first. After their purchase, I am distributing the same to free subscribers.

While, free subscribers start buying the same stock, the price starts moving in upward direction. Exactly at the same time, I am recommending “Profit Booking/Exit” call to paid clients. Thus, free subscribers get stuck at the top. So, my paid subscribers are getting good return at the cost of free clients. My motive is to collect more subscription fees from paid clients! This way one can easily manipulate the price of lesser known stocks (specially, midcap and small cap stocks).


Motive #2 – Operators often offer free tips just to have a smooth exit at hefty profit.

The company is in microcap category and I didn’t hear the name before than that. Trading volume was much higher on both the days and stock price appreciated a lot. The pattern suggested that the operator had sent the same SMS to thousands of retail investors and many of them purchased the stock. The most surprising fact is that on those days three operators sold quantities worth of the same stock. So, operators were selling a particular stock and simultaneously sending SMS to thousands of retail investors to buy for “sure-shot” target of doubling the money!

In the next 10 days the stock was hitting lower circuit continuously and stock price reached to below a fraction of the previous price. There were no buyers for the same and as a result it got stuck in lower circuit. Thousands of retail investors got stuck lost around 90% or more and expressed their anger.

Nobody is there to save them. With the advent of mobile phone and internet such practice is quiet common. Be careful from the next time if you receive such SMS!



4. Why paid trading tips are sometimes more dangerous?

You can lose your investment amount from free trading tips but what about paid tips. Surprisingly paid tips can make you suffer more because in this you not only lose your invested amount but also your subscription amount.



Regards

3iii

Rights issues - an approach to guide you and your hard earned cash.

When not to buy?

If the company is raising cash to pay off debts or to stay solvent (bad companies turn around rarely and if at all, very slowly).

If the company is raising cash to develop NEW projects and NEW businesses (high uncertainties and high risks).


In general AVOID ALL COMPANIES INVOLVED IN RIGHT ISSUES.



When to buy?

Of course, there are occasional RARE exceptions.

This is when a great company needs to raise cash to grow its EXISTING SUCCESSFUL business.

However, such great companies can easily generate funds internally or borrow with ease and soon pay down their debts too; thus such rights issues are uncommon.




Regards
3iii

Conman calvin is only interested in making a fast buck from the lesser informed. Conman promoted aggressively for his own personal non evangelical greed.

Stay with quality, long term. In general this strategy is very safe and very rewarding. I should know. :-)

Fintec Global

Announcement date: Sept 4,2020
Renounceable rights issue with free detachable warrants.




MLabs

Announcement date: Sept 1, 2020
Consolidation of every 10 shares into one share. Renounceable rights issue with free detachable warrants.



Netx

Announcement date: Sept 18, 2020
Ex-date Oct 1, 2020
Renounceable rights issue with free detachable warrants.




All the above companies have common directors and major shareholders. Caveat Emptor.

Share Trade Detail
Share Trade Value (RM) 61,590
Share VWAP (RM) 0.211
4 Weeks Price Range 0.205 - 0.375

>>>>>>>
faizal 3iii lu tanya aku ? Genting Net Tangible Assets 9.00 apasal 3.29 ,topglove Net Tangible Assets 61c apasal 8.80 aku mana tau...
25/09/2020 10:30 AM


>>>>>>>>


faizal Sila berunding dengan stockraider. Dia memang pakar bidang "margin of safety" yang selalu hilang duit dalam pelaburan-nya. :-)

>>>>
faizal aku tadi tanya remisier department research house dia cakap Netx Net Tangible Assets 75c
25/09/2020 9:45 AM

>>>>



Parkson

NTA > Price


Sila tanya remisier kenapa NTA tinggi tetapi harga saham sangat jauh rendah. :-) :-)

Intrinsic value <<< 12.5 sen.

Share Trade Detail
Share Trade Value (RM) 5,013,611
Share VWAP (RM) 0.219



4 Weeks Price Range 0.215 - 0.500
4 Weeks Share Change (%) -38.67
Share Avg Volume (4 Weeks) 35,012
1 Year Price Range 0.125 - 0.625

If only conman has invested all his 8 houses into glove companies instead of Netx ... like I did. :-)

>>>>>
CharlesT Calvin ran away oredi ah
24/09/2020 10:38 AM

>>>>>>>



haha

conman calvin promoted this counter will be 8 sen (or 25 x 8 sen = $2.00 today).

Charles T laughed at this conman Calvin that this was possible through share consolidation. chun chun !!


conman sold 8 houses to invest in Netx. Now he is left with 2 houses to moan, whine and groan, with dishonest raider.

Karma indeed, do you disagree? :-)

https://www.theedgemarkets.com/article/hidden-hands-behind-penny-stock-surge



Hidden hands behind penny stock surge

theedgemarkets.com

September 22, 2020 15:38 pm +08


-A+A
KUALA LUMPUR (Sept 22): They range from a company with a market capitalisation (cap) of only RM50 million to one valued at a whopping RM5 billion!

Few of these 21 companies make a profit but their share prices have surged in heavy trading in recent months.

It (the companies) is all linked to the same person; usually, the most actively traded list on a daily basis involves these counters,” one source says when asked which are the companies that are linked.

The Edge’s investigation shows how they are linked through a group of common shareholders and directors, with one person believed to be behind it all.

Get the full story in this week’s issue of The Edge Malaysia.


Some of the names behind the penny stocks. See the full chart in the Sept 21-Sept 27, 2020 issue of The Edge Malaysia weekly.

*Steve Tan Sik Eek